New to Binary Today?

Get my free binary options investment strategy.


Reviewed

Published on May 23rd, 2017 | by John Kane

0

Binary Review: Legit Broker

Binary Review: Legit Broker John Kane

Summary: Nothing spectacular to report in this latest review. The developers give us very little to go on.

1.3


Today I’m looking at a new binary options trading software that puts all of the focus on the brokerage, Legit Broker. According to the sales page “90% of all systems fail because of bad brokers and you end up getting scammed.” The developers of this product are at risk of spending so much time focused on the brokers, that they don’t reveal any real information about their trading system.

The website was registered on 2017-04-23, so just a month ago. There is no address provided for the business location, but you can contact support via email help@legit-broker.com. They promise to have support that is “above industry standards,” so I recommend emailing them and testing that theory.

For all binary options systems, strategies and signals ratings go here.

Legit Broker Review

As I mentioned at the beginning of the review, the Legit Broker development team over emphasizes the importance of the brokerage so much that they don’t even tell us about their own trading system. They believe that their system offers the best of both worlds, “an industry-leading automated trading software coupled with an outstanding broker lineup.”

They recommend Stockpair, 24Option, Binary Capital Markets and BDSwiss.

While I do recommend one of the four brokers here, there is another issue. That issue is the fact that you have to register and deposit with one of these brokerages in order to gain access to the software. Now, if you are like me you already have deposits with your binary options broker and potentially the brokers listed. I don’t want another brokerage account, I have the perfect amount of brokerage accounts to handle my trading as is.

There is no way to get around this either, you have to sign up with the broker in order to receive the software.

Features

There are for features that the Legit Broker developers want us to be aware of.

  • Broker Investigation – They want us to know that they periodically test each and every one of their brokers to make sure that they receive a “clean bill of health.”
  • Speedy Withdrawals – Again, another comment about the broker but not about their own software.
  • Customer Service – They promise to have professional answers from highly trained agents.
  • User Friendly – They ensure that their trading interface is easy to use, and that all the brokers they recommend must have extensive education sections.

Strategy

There really isn’t much emphasis on the strategy, or anything else regarding the Legit Broker application. All we are told is that the system takes advantage of a trend indicator, and a stochastic indicator. Each of these indicators is explained, but the explanations are very basic and don’t indicate to us how they are utilized within the system itself.

It’s very unsure if the developers of this program have any trading experience, because their sales page is rudimentary.

Conclusion

There is nothing that suggests to me at least that the Legit Broker trading software is ready for the big stage. They don’t provide us with any real strategic analysis, and there are no trading statements or verified trading results. The developers focus so heavily on binary options brokers that they ignore their own product, which is what they are trying to promote.

Please leave a comment or any feedback you may have about this software or anything involving binary options.

Tags: ,

JOIN BINARY TODAY
Join my newsletter and get free tools, strategies and case studies, I break down my success in binary and help my readers achieve their goals.
I hate spam. I've only sent one email so far this year.

About the Author

I am a full time binary options trader. I was able to leave my job in the last 5 years and dedicate myself to trading fully. I never thought my hobby and passion would make a living for me but I am grateful every day that it has. My main goal now is to communicate with the binary trading community, contribute to different websites and learn from other traders.

Disclaimer: Binary Today would like to remind you that the content contained in this website is not necessarily real-time nor accurate. Past performance does not guarantee future performance, the above is not indicative and is purely for educational purposes only. Relying on the above for investment, trading or betting in binary options or Forex is not advised unless done so with virtual money only.

Binary Today or anyone involved with Binary Today will not accept any liability for loss or damage as a result of reliance on the information including reviews, recommendations, charts, software, income reports and signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Leave a Reply

Your email address will not be published. Required fields are marked *

Back to Top ↑

Sign up for my Newsletter
  • Free tools
  • Fresh strategies & Methods
  • Case studies & Trade examples

Enter your email to join me today!






Positive SSL